Bankruptcies are on the up and tenants are renegotiating rents in increasing numbers at much lower rates than before, and at levels that will be set for years to come. And although occupancy levels are around 95pc pre-Covid levels, physical occupancy is far lower. Just 18pc of the desks found […]
investor
UK stocks trail in recovery as fears over Brexit cause investor jitters
Traders could be pricing in Brexit uncertainty, Mr Cau said, adding that a rise in the pound versus the dollar over August has also weighed on the FTSE’s big international earners as the greenback slides on currency markets. Many FTSE 100 firms earn their money in dollars, so a stronger […]
Meet Ric Lewis, the property investor creating opportunities for BAME students
He argues that “good, well-meaning” directors are often slow to hire minority candidates because they don’t know where to find qualified people who are not white and fear diluting the quality of their boards. “What I’m trying to do with the Black Heart Foundation is grow the ranks so that […]
Top investor dumps Boohoo after ‘inadequate’ response to sweatshop claims
Embattled fast fashion firm Boohoo suffered a fresh blow on Friday after one of its biggest investors sold down its stake and labelled the firm’s response to illegal pay allegations “inadequate”. The £3.5bn company’s efforts to defend itself against sweatshop claims were dismissed by Standard Life Aberdeen, previously one of Boohoo’s biggest investors, which has now […]
HSBC takes fire from top investor and US for backing China law
HONG KONG — HSBC Holdings is facing criticism from a leading shareholder as well as top foreign officials over its decision to endorse China’s new national security laws for Hong Kong. David Cummings, chief investment officer at the investment arm of British insurer Aviva, has questioned moves by fellow British financial […]
Aviva is first investor to hit out at HSBC in Hong Kong row
One of the UK’s largest investors has criticised HSBC and Standard Chartered for backing China’s controversial new security law for Hong Kong that could stifle its freedom. The London-listed banks were last week condemned by democracy campaigners for supporting the law, which criminalises anti-government movements in Hong Kong. Both Britain and the US have called it a […]
Ambani’s Reliance Jio secures another US investor after Facebook
NEW DELHI – U.S.-based private equity firm Silver Lake will invest 56.56 billion rupees ($746.6 million) in Jio Platforms, the digital services arm of billionaire Mukesh Ambani’s Reliance Industries, as the Indian oil-to-telecom conglomerate steps up efforts to reduce its substantial debt pile. The investment, announced by Reliance in a stock exchange […]
China GDP, South Korea election, and TSMC investor conference
Welcome to Nikkei Asian Preview. Every April, financial and economic watchers turn their gaze to Washington as most of the world’s finance ministers and central bank governors gather for their annual spring meeting. This Thursday, however, financial elites will stay put in their home and meet via teleconference after the […]
five steps if you’re a first-time investor
Investing in the stock market for the very first time can seem a daunting task. But low interest rates has meant returns from cash savings has diminished forcing many people to consider shares if they to grow their money. Stock market returns can be volatile, but over the long term they have trumped […]